The Hang Seng Index tumbled 1.91 percent, or 318.19 points, to 16,327.86

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MjkyMGZiN2ItM2RkNy00/3/afp_339u4v7-jpg.webp","description":"People walk through exchange square outside the Hong Kong Stock Exchange in Hong Kong on February 23, 2023. (Photo by ISAAC LAWRENCE / AFP)","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/china-and-asia-pacific/hong-kong-stocks-suffer-third-successive-loss-nvkzr1n8","premiumType":"INHERIT","publishedDate":"2023-12-05T11:32:30.755Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"China and Asia Pacific ","path":"https://www.zawya.com/en/world/china-and-asia-pacific","__typename":"Section"},"authors":[],"provider":{"name":"Agence France-Presse (AFP)","disclaimer":"

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/OGEyYjQwMDctZjVlNS00","title":"Nigeria equities market opens week bearish by 0.07%","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Equities investors, therefore, lost N258.85 billion from their overall investment as the market capitalisation settled at N38.82 trillion at the end of the day’s trading activities

\n","longText":"","byline":"Kehinde Akinseinde-Jayeoba","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/YmVhNzhlOGYtMWU0MC00/4/1472010169.webp","description":"Image used for illustrative purpose. Getty Images","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/africa/nigeria-equities-market-opens-week-bearish-by-007-m7lqy3xe","premiumType":"INHERIT","publishedDate":"2023-12-05T10:59:27.311Z","hideAuthor":true,"byline":"Kehinde Akinseinde-Jayeoba","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Africa","path":"https://www.zawya.com/en/world/africa","__typename":"Section"},"authors":[],"provider":{"name":"Nigerian Tribune","disclaimer":"

","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/YjIyZDNlZTQtN2UyZi00","title":"European shares subdued as energy offsets declines in miners","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The pan-European STOXX 600 index was little changed by 0913 GMT, stalling around a four-month high, after snapping a three-day winning streak on Monday

\n","longText":"","byline":"Khushi Singh and Ankika Biswas","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/YWU4MWMwYzUtMzcxNi00/78/150225074139nhpb-jpg.webp","description":"A trader sits at his desk at IG Index in London September 9, 2014.REUTERS/Luke MacGregor","width":800,"height":577,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/european-shares-subdued-as-energy-offsets-declines-in-miners-ir7um8ga","premiumType":"INHERIT","publishedDate":"2023-12-05T10:07:32.735Z","hideAuthor":true,"byline":"Khushi Singh and Ankika Biswas","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/NTUwOTUzYTEtNTg5NC00","title":"China stocks slump to near 5-year low; Moody's changes outlook to negative","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

China's Finance Ministry said it was disappointed by Moody's downgrade

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/NmRiMzU2MGQtZjNlMi00/32/global-markets.webp","description":"A pedestrian walks past a giant display showing the Shanghai stock index, in Shanghai, China August 3, 2022. REUTERS/Aly Song","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/china-and-asia-pacific/china-stocks-slump-to-near-5-year-low-moodys-changes-outlook-to-negative-a1i02ftf","premiumType":"INHERIT","publishedDate":"2023-12-05T09:53:26.423Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"China and Asia Pacific ","path":"https://www.zawya.com/en/world/china-and-asia-pacific","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/OGJhODEyMzYtYmJmMy00","title":"UK markets increase bets on June 2024 BoE rate cut after ECB comments","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Financial markets now almost fully price in a first BoE rate cut by June 2024

\n","longText":"","byline":"David Milliken","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/ZjNhNTVhZjMtMTkyYy00/12/ecb-policy-nagel.webp","description":"FILE PHOTO: The European Central Bank logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo","width":900,"height":503,"crops":[{"imageFormat":{"name":"33:16","aspectRatio":{"width":33,"height":16,"__typename":"AspectRatio"},"__typename":"ImageFormat"},"cropRectangle":{"x":0,"y":67,"width":900,"height":436,"__typename":"Rectangle"},"__typename":"CropInfo"}],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/uk-and-europe/uk-markets-increase-bets-on-june-2024-boe-rate-cut-after-ecb-comments-ytaxxfuz","premiumType":"INHERIT","publishedDate":"2023-12-05T09:30:16.326Z","hideAuthor":true,"byline":"David Milliken","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"UK and Europe","path":"https://www.zawya.com/en/world/uk-and-europe","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"INTEREST RATE","url":"/en/primarykeyword/INTEREST RATE","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/YTM2ZDJlOWUtMjY3Zi00","title":"Barclays shares open down 4.5% after Qatar cuts stake","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Barclays shares opened down 4.5% on Tuesday after one of the bank's largest shareholders Qatar Holding moved to sell around 510 million pound ($644 million) of its stock

\n","longText":"","byline":"Iain Withers and Danilo Masoni","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/Y2Q1OTM0YmQtMWQ5ZC00/3/barclays-usa-ceo.webp","description":"The Barclays logo is seen in front of displayed stock graph in this illustration taken June 21, 2017. REUTERS/Dado Ruvic/Illustration/File Photo","width":900,"height":566,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/uk-and-europe/barclays-shares-open-down-45-after-qatar-cuts-stake-l3afojnf","premiumType":"INHERIT","publishedDate":"2023-12-05T08:53:13.877Z","hideAuthor":true,"byline":"Iain Withers and Danilo Masoni","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"UK and Europe","path":"https://www.zawya.com/en/world/uk-and-europe","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/MTcyMjhlMDAtM2I2YS00","title":"European shares slip as Barclays steers financials lower","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The pan-European STOXX 600 index eased 0.1% by 8:12 GMT

\n","longText":"","byline":"Khushi Singh","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/NDY1ZjA0NmYtMjYyYy00/52/160502082454wdjv-jpg.webp","description":"Brokers work on the trading floor at IG Index in London, Britain January 14, 2016. Stefan Wermuth, Reuters","width":800,"height":533,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/uk-and-europe/european-shares-slip-as-barclays-steers-financials-lower-xdavsnps","premiumType":"INHERIT","publishedDate":"2023-12-05T08:43:16.130Z","hideAuthor":true,"byline":"Khushi Singh","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"UK and Europe","path":"https://www.zawya.com/en/world/uk-and-europe","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/OGU3Nzk4YzctMTViOC00","title":"Mideast Stocks: Major Gulf markets track Asian shares lower","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Saudi Arabia's benchmark index edged down 0.1%

\n","longText":"","byline":"Ateeq Shariff","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MTkyOGIwYjItYjQ2OC00/51/130826070249noik-jpg.webp","description":"Traders work at a Saudi bank in Riyadh. Fahad Shadeed, Reuters","width":800,"height":490,"crops":[],"__typename":"Image","descriptionArabic":"Image used for illustrative purpose."},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/markets/equities/mideast-stocks-major-gulf-markets-track-asian-shares-lower-e6k4imfe","premiumType":"INHERIT","publishedDate":"2023-12-05T08:40:34.453Z","hideAuthor":true,"byline":"Ateeq Shariff","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Equities","path":"https://www.zawya.com/en/markets/equities","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/ZTI1MzdjNjQtMzQ1My00","title":"Market readies for Santa Claus rally in Philippines","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Investors are also waiting for inflation to cool down and for the slowdown to be sustained

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/YzNmNGEyMWYtZDBiNC00/26/180801034413wnqw-jpg.webp","description":"A trader walks past the electronic board of the Philippine Stock Exchange in Makati city, Metro Manila, Philippines June 27, 2016. Romeo Ranoco, Reuters","width":800,"height":495,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/world/china-and-asia-pacific/market-readies-for-santa-claus-rally-in-philippines-arz5fhwu","premiumType":"INHERIT","publishedDate":"2023-12-05T08:27:44.784Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"China and Asia Pacific ","path":"https://www.zawya.com/en/world/china-and-asia-pacific","__typename":"Section"},"authors":[],"provider":{"name":"Philippine Star","disclaimer":"

","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"EQUITIES","url":"/en/primarykeyword/EQUITIES","__typename":"Tag"}]},"__typename":"Teaser"}],"__typename":"Teasers"},"image":null,"__typename":"Slot"}],"sectionPageSidebarSlots":[{"id":"contentid/ZWEzMjc3ZWEtNDY2NC00","name":"ENGLISH-SLOT-TOP-PICK-MENA","headline":"TOP PICKS","headlineStyle":"solidInfill","colorScheme":"zawyaNegativeBlue","hidden":false,"link":null,"layout":"ONE_THIRD_WIDTH_5","style":"DEFAULT","adPosition":"NO_ADS","customHtmlFragmentDesktop":"","customHtmlFragmentMobile":"","teasers":{"totalCount":4,"teasers":[{"id":"contentid/NGQ2NWFjZTYtMTA0ZC00","title":"UAE’s Sustainable Trade Forum engages private-sector to deliver trade-led solutions at COP28","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

A key component of the first ever Trade Day at a Conference of the Parties, the forum brought together global business and investment leaders to offer private-sector perspectives on global trade and its role in shaping a more climate-friendly economy

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/NTIyMTUwNWUtYTUzOS00/0/f4f09e201k71gq6pn-jpg.webp","description":"UAE’s Sustainable Trade Forum engages private-sector to deliver trade-led solutions at COP28. Image courtesy WAM.","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/wealth/sustainability/uaes-sustainable-trade-forum-engages-private-sector-to-deliver-trade-led-solutions-at-cop28-d5zyta17","premiumType":"INHERIT","publishedDate":"2023-12-05T08:06:19.758Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Sustainability","path":"https://www.zawya.com/en/wealth/sustainability","__typename":"Section"},"authors":[],"provider":{"name":"WAM (Emirates News Agency)","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"SUSTAINABILITY","url":"/en/primarykeyword/SUSTAINABILITY","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/OTJjNjE4NWEtNWMwNi00","title":"Fossil fuel 'phase out' put on table for COP28 climate talks","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

The world's overall emissions for this year, which reached a record high last year, have plateaued in 2023 due to a slightly better use of land, including a decline in deforestation

\n","longText":"","byline":"Kate Abnett and William James","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/ZTJhNjg4ODUtY2E3Ni00/0/climate-un.webp","description":"People stand near the flags at Dubai's Expo City during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 4, 2023. REUTERS/Thaier Al-Sudani","width":900,"height":644,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/business/energy/fossil-fuel-phase-out-put-on-table-for-cop28-climate-talks-ue89w5fd","premiumType":"INHERIT","publishedDate":"2023-12-05T06:47:33.525Z","hideAuthor":true,"byline":"Kate Abnett and William James","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Energy","path":"https://www.zawya.com/en/business/energy","__typename":"Section"},"authors":[],"provider":{"name":"Reuters News","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"ENVIRONMENT","url":"/en/primarykeyword/ENVIRONMENT","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/ZDk0MWM0MWItYjJmMS00","title":"World could breach 1.5C warming threshold in 7 years: study","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Battle lines are being drawn over the future of fossil fuels at the UN climate summit in Dubai

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MWI5ZDgxYTAtNjVmNS00/1/afp_346k8ln-jpg.webp","description":"People arrive at the venue of the COP28 United Nations climate summit in Dubai on November 30, 2023. The UN climate conference opens in Dubai on November 30 with nations under pressure to increase the urgency of action on global warming and wean off fossil fuels, amid intense scrutiny of oil-rich hosts UAE. (Photo by KARIM SAHIB / AFP)","width":900,"height":600,"crops":[],"__typename":"Image","descriptionArabic":null},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/special-coverage/cop28-talking-climate-in-uae/world-could-breach-15c-warming-threshold-in-7-years-study-mxmn7cau","premiumType":"INHERIT","publishedDate":"2023-12-05T02:51:09.200Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"COP28: Talking Climate in UAE","path":"https://www.zawya.com/en/special-coverage/cop28-talking-climate-in-uae","__typename":"Section"},"authors":[],"provider":{"name":"Agence France-Presse (AFP)","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"ENVIRONMENT","url":"/en/primarykeyword/ENVIRONMENT","__typename":"Tag"}]},"__typename":"Teaser"},{"id":"contentid/ZDMwMTFhZTMtYjA5Ni00","title":"Israeli tanks move into southern Gaza","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Tanks, armoured personnel carriers and bulldozers were seen Monday near the southern city of Khan Yunis

\n","longText":"","byline":"Staff Writer","media":{"baseUrl":"https://static.zawya.com/view/acePublic/alias/contentid/MWIzNjEwNjYtNjNhMS00/2/israel-palestinians-gaza-drone.webp","description":"Palestinians walk among the rubble, as they inspect houses destroyed in Israeli strikes during the conflict, amid the temporary truce between Hamas and Israel, at Khan Younis refugee camp in the southern Gaza Strip November 27, 2023. REUTERS/Mohammed Salem","width":900,"height":674,"crops":[],"__typename":"Image","descriptionArabic":""},"content":{"__typename":"Article","topMedia":{"__typename":"Image"},"path":"https://www.zawya.com/en/special-coverage/gaza-israel-conflict/israeli-tanks-move-into-southern-gaza-n7wvx978","premiumType":"INHERIT","publishedDate":"2023-12-05T02:39:28.536Z","hideAuthor":true,"byline":"Staff Writer","articleType":"NEWS","overTitle":null,"teaserOvertitle":null,"parent":{"title":"Gaza-Israel Conflict","path":"https://www.zawya.com/en/special-coverage/gaza-israel-conflict","__typename":"Section"},"authors":[],"provider":{"name":"Agence France-Presse (AFP)","disclaimer":"

\n","active":true,"__typename":"Provider"},"primaryKeyword":[{"name":"PALESTINIAN TERRITORIES","url":"/en/primarykeyword/PALESTINIAN TERRITORIES","__typename":"Tag"}]},"__typename":"Teaser"}],"__typename":"Teasers"},"image":null,"__typename":"Slot"},{"id":"contentid/N2ZkZjU2OTktNGRkNS00","name":"Most Read EN","headline":"MOST READ","headlineStyle":"solidInfill","colorScheme":"monochrome","hidden":false,"link":{"url":"https://www.zawya.com/en/world","path":"https://www.zawya.com/en/world","__typename":"Section"},"layout":"MOST_READ","style":"DEFAULT","adPosition":"NO_ADS","customHtmlFragmentDesktop":"","customHtmlFragmentMobile":"","teasers":{"totalCount":5,"teasers":[{"id":"contentid/YmIyMjI4OGQtNjkwNS00","title":"Hong Kong stocks suffer third successive loss","disableFallback":false,"teaserOvertitle":"","mediaPlayInline":false,"text":"

Equities

TOP PICKS

MORNING BRIEFING

ZAWYA NEWSLETTERS

LATEST VIDEO